The fake billionaire caught in a web of lies

[dealmaker]

The fake billionaire caught in a web of lies:People lost their minds whenForbesput Kylie Jenner on the cover claiming she was set to be “the youngest-ever self-made billionaire.” Earlier this year, Jenner sold half of her cosmetics company to Coty for $600 million, which was said to value Kylie Cosmetics at $1.2 billion. But a new investigation reveals that Jenner has been inflating the size and success of her business for years and even creating tax returns that were likely forged.(Forbes)

“It’s fair to say that everything the Kardashian-Jenner family does is oversized. To stay on-brand, it needs to be bigger than it is.”

 

[Sig]

The fake billionaire caught in a web of lies:People lost their minds whenForbesput Kylie Jenner on the cover claiming she was set to be “the youngest-ever self-made billionaire.” Earlier this year, Jenner sold half of her cosmetics company to Coty for $600 million, which was said to value Kylie Cosmetics at $1.2 billion. But a new investigation reveals that Jenner has been inflating the size and success of her business for years and even creating tax returns that were likely forged.(Forbes)

“It’s fair to say that everything the Kardashian-Jenner family does is oversized. To stay on-brand, it needs to be bigger than it is.”

That sure sounds familiar....

 

[newwurldmn]

That sure sounds familiar....

Forbes has no right fact checking their own story.

 

[Turveyd]

Had a mate who was a fake millionaire, died heart attack and his wife went from huge house and fast cars to a council house and a crap car, about 2mil in debt keeping up his life style.

 

[taowave]

No big deal..off by an odd lot

"Forbes has recalculated Kylie’s net worth at just under $900 million."

 

[Turveyd]

No big deal..off by an odd lot

"Forbes has recalculated Kylie’s net worth at just under $900 million."

Only 900Mil, that's only 300Mil x's more money than I've got available until I get paid tomorrow.

 

[SunTrader]

That sure sounds familiar....

Fake billionaire caught in a web of lies - familiar?

Yup they currently reside at 1600 Pennsylvania.

 

[Nighthawk]

The fake billionaire caught in a web of lies:People lost their minds whenForbesput Kylie Jenner on the cover claiming she was set to be “the youngest-ever self-made billionaire.” Earlier this year, Jenner sold half of her cosmetics company to Coty for $600 million, which was said to value Kylie Cosmetics at $1.2 billion. But a new investigation reveals that Jenner has been inflating the size and success of her business for years and even creating tax returns that were likely forged.(Forbes)

“It’s fair to say that everything the Kardashian-Jenner family does is oversized. To stay on-brand, it needs to be bigger than it is.”

Majority shareholder of Coty is this beautifully underreported "family office" disguised as a company. https://www.jabholco.com/

 

[dealmaker]

Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake
https://nypost.com/2020/06/01/coty-shakes-off-kylie-jenner-problem-surges-after-kkr-buys-stake/

 

[ironchef]

No big deal..off by an odd lot

"Forbes has recalculated Kylie’s net worth at just under $900 million."

Close enough if you round it up.

Forbes' estimates weren't that precise anyway, not like some ETer demanding audited broker's statement when verifying if posters were as profitable as they claimed.